SMSFA CEO Peter Burgess said with the focus on Advanced Professional Development, it will allow for industry experts to share their knowledge on how to respond to these challenges and the impact they have on their clients.
“We are thrilled with the line-up of speakers this year, with professionals seeking an understanding on how these changes will affect them,” Mr Burgess said.
“As a result, much of the program revolves around workshops that allows for an open, interactive conversation and for attendees to not only learn from highly reputable speakers but from one another.”
Mr Burgess will open the summit – to be held on the Gold Coast from 26–27 July – with a critical dissection of the proposed $3 million cap on super balances and the recently released draft amendments to non-arm’s length expense rules.
Following this address, a keynote discussion from Heffron Consulting’s Meg Heffron will adopt a future planning perspective, exploring how the proposed $3 million cap on super is expected to affect the SMSF sector and members’ retirement savings.
Ms Heffron will examine the potential impact the new tax will have on how SMSF members choose to contribute, invest their retirement savings and how they manage estate planning.
To assist in identifying which clients are likely to be affected by the $3 million super cap, DBA Lawyers Special Counsel Bryce Figot will deliver a workshop delving into core concepts such as total super balance (TSB) and transfer balance cap (TBC).
This highly technical workshop will address a myriad of interrelated issues, such as the indexation of thresholds, the impact of structured settlements and limited recourse borrowing arrangements plus much more.
Aligning with the overarching theme of thinking forward and future planning, Colonial First State’s Craig Day is set to close out day one with a case study driven workshop on the plethora of contribution opportunities available and the associated challenges.
View Legal’s Matthew Burgess will use lessons learnt over the past 36 months as a case study to give actionable ideas and unpack the consequences of professional service firms (PSFs) harnessing the opportunities associated with AI enabled solutions, such as ChatGPT.
Cooper Partners’ Jemma Sanderson will open the afternoon with a focus on case studies on the different types of benefit payments and the importance of understanding how the super and tax laws interact.
“An area we have noticed members asking for is case studies and real-life examples on how to manage these changes in volatile times,” Mr Burgess said.
“As a result, many of the sessions not only include a presentation but case studies in alignment.
“In total six technical workshops, four keynotes and four technical sessions will be presented across the two-day Technical Summit, so we are excited with how this year’s agenda will challenge our industry experts and leaders.”
